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1144-1146 13Th St

Imperial Beach, CA 91932
  • $3,605,000
  • STATUS: ACTIVE
  • ON SITE: 154 Days
  • ID#: 230024189
UPDATED: 162 min ago
$3,605,000
  • 8
    BEDS
  • 0.13
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Don't miss out on this incredible investment opportunity! Discover the perfect blend of residential and commercial spaces in this remarkable mixed-use property. With four beautifully updated residential units situated above four bustling commercial spaces, this property offers the best of both worlds. Each residential unit has been thoughtfully upgraded, ensuring modern comfort and style. Experience the convenience of having a washer/dryer right in your own unit, providing utmost ease and efficiency. To add to the allure, two assigned parking spots await you in the rear of the property, guaranteeing hassle-free parking. The perks don't end there! The owner has taken care of all the appliances, which will be included with the sale. Moreover, this centrally located gem is surrounded by a myriad of dining options, trendy shops, and local attractions, making it an ideal place to call home. Don't wait, as this enticing investment won't stay on the market for long!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/146139776
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1144-1146 13Th St Imperial Beach, CA 91932

  • Price: $3,605,000
  • Status: ACTIVE
  • On Site: 154 Days
  • Updated: 162 min ago
  • ID#: 230024189
8
Beds
12
Baths
0
½ Baths
0.13
Acres
Neighborhood:
Imperial Beach (91932)
County:
San Diego
Area:
Imperial Beach (91932)
Property Description
Don't miss out on this incredible investment opportunity! Discover the perfect blend of residential and commercial spaces in this remarkable mixed-use property. With four beautifully updated residential units situated above four bustling commercial spaces, this property offers the best of both worlds. Each residential unit has been thoughtfully upgraded, ensuring modern comfort and style. Experience the convenience of having a washer/dryer right in your own unit, providing utmost ease and efficiency. To add to the allure, two assigned parking spots await you in the rear of the property, guaranteeing hassle-free parking. The perks don't end there! The owner has taken care of all the appliances, which will be included with the sale. Moreover, this centrally located gem is surrounded by a myriad of dining options, trendy shops, and local attractions, making it an ideal place to call home. Don't wait, as this enticing investment won't stay on the market for long!
Exterior Features

Carports 0 Construction Stucco Parking SpacesOther/Remarks Parking Spaces Total 10 Roof Tile Units With Garages 0

Interior Features

Cooling Other Floors Slab Heating Central Forced Air Gas Laundry Owned Sq Ft Of Improvement 0 Stories 2 Story Units With Dishwashers 4 Units With Disposals 4 Units With Ranges 4 Units With Refrigerators 4

Property Features

Actual Cap Rate 3.24 Actual Gross Operating Income 201876 Actual Gross Scheduled Income 16823.0 Actual Operating Expense 84787 Assumable Finance 0 Buildings 2 Gross Equity 1 Gross Multiplier 17.86 Have Property Leased Apartments 4 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 16823 Motive Want 1031 exchange Short Sale No Special Rent Control Sq Ft Source OwnerTax Record Tenant Pays Electric y Tenant Pays Gas y Terms Cash Unit Number1 101 Unit Number2 102 Unit Number3 201 Unit Number4 202 Unit Number5 101 Unit Number6 102 Unit Number7 201 Unit Number8 202 Unit Rent1 1800 Unit Rent2 1650 Unit Rent3 1900 Unit Rent4 2500 Unit Rent5 2300 Unit Rent6 2400 Unit Rent7 2300 Unit Rent8 2197 Unit Type Other/Remarks Zoning COMMERCIAL

San Diego MLS logo Listing provided courtesy of Lisa Poli of Douglas Elliman of California, Inc.: 619-987-2297. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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